Klövern divests 42 properties in Karlstad for SEK 2,610 million

Klövern has signed a contract to divest its entire property portfolio in Karlstad, consisting of 42 properties, for a total underlying property value of SEK 2,610 million. The properties´ lettable area amounts to approximately 204,000 sq.m. and consists primarily of premises for offices and warehouse/logistics. The rental value amounts to SEK 247 million and the economic occupancy rate amounts to 95 per cent.

The transaction is done in order to geographically streamline Klövern’s property portfolio to fewer cities.

Transfer of possession is planned to be on 29 November 2019.

The transaction encompasses the following properties:

Klövern’s adviser in the transaction was Walthon Advokater.

Klövern AB (publ)

For additional information, please contact:
Rutger Arnhult, CEO, +46 (0)70-458 24 70, rutger.arnhult@klovern.se
Peeter Kinnunen, Head of Transactions, +46 (0)76-855 67 03, peeter.kinnunen@klovern.se
Lars Norrby, IR, +46 (0)76-777 38 00, lars.norrby@klovern.se

Klövern is a real estate company committed to working closely with customers to offer them attractive premises in growth regions. Klövern is listed on Nasdaq Stockholm. For further information, see www.klovern.se.

Klövern AB (publ), Bredgränd 4, 111 30 Stockholm. Phone: +46 (0)10-482 70 00. E-mail: info@klovern.se.

This information is information that Klövern AB (publ) is obliged to publish under the EU Market Abuse Regulation. The information was made available for publication, through the abovementioned contact persons, at 13:10 CEST on 21 October 2019.


This is a translation of the original Swedish language press release. In the event of discrepancies, the original Swedish wording shall prevail.

Attachment

• 191021 Klövern divests 42 properties in Karlstad for SEK 2,610 million (pdf)